In law, an estate is the term for an individual’s assets, all of a person's money and property that have an established financial value. This will include intellectual property such as copyrights, patents, and trademarks — anything that can be transferred to another party when necessary. ...
First, it is important to remember that there are different types of agreements in principle. Some, such as an agreement in principle between two organizations to form a partnership, may have no reason for a credit check. Others, such as an agreement in principle on a real estate mortgage,...
百度试题 结果1 题目In common law, what does real estate refer to ? A. only houses B. land and an other property affixed to it C. only apartment buildings D. only large office structures 相关知识点: 试题来源: 解析 B 反馈 收藏
Property law stipulates how real property can be used and the manner in which it can be legally transferred. Personal Property Personal propertyis as well known as real property but differs in that it does not include real estate (e.g., land and buildings attached to the land). Personal pr...
What Is an Executor? An executor of an estate is an individual appointed to administer the last will of a deceased person and carry out the instructions to manage the affairs. They are appointed either by thetestatoror a court. Executors ensure all assets in the will are accounted for and ...
are sufficient amounts of cash in the estate, this can be used to fulfill these obligations. If not, some physical or real property may be sold to raise the needed funds. When all property and funds have been distributed but there are still debts outstanding, there is an insolvent estate....
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Estate planning When dealing with community property, estate planning is an especially important topic. Here's how it differs between the two types of states. Community property states: When one spouse dies, their 50% "share" of the community property is usually transferred to the surviving spous...
Both meanings of an “estate sale” are considered proper. In some areas of the country, estate sales are also called “tag sales.” For purposes of this article, I will be talking about an estate sale as liquidating assets or household possessions owned by the heirs of the property. ...
’s unique legal heritage has affected the current laws in many ways. One such way is the term used to refer to real estate in this state. While the rest of the United States uses “real estate” in legal documents, in Louisiana real estate is referred to as “immoveable property.”...